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Australian (ASX) Food and Staples Retail Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies7
  • 7D0.8%
  • 3M-2.5%
  • 1Y-7.8%
  • YTD-5.6%

Over the last 7 days, the Food and Staples Retail industry has remained flat. As for the longer term, the industry has declined 7.8% in the last year. As for the next few years, earnings are expected to grow by 4.7% per annum.

Industry Valuation and Performance

Has the Australian Food and Staples Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022AU$83.9bAU$135.3bAU$3.7b21.8x22.7x0.6x
Wed, 26 Oct 2022AU$81.3bAU$134.2bAU$3.7b21.1x22.2x0.6x
Fri, 23 Sep 2022AU$82.1bAU$134.2bAU$3.7b21.1x22.4x0.6x
Sun, 21 Aug 2022AU$94.4bAU$130.7bAU$3.5b26x27.3x0.7x
Tue, 19 Jul 2022AU$91.1bAU$130.7bAU$3.5b25.5x26.4x0.7x
Thu, 16 Jun 2022AU$82.0bAU$130.0bAU$3.5b22.8x23.8x0.6x
Sat, 14 May 2022AU$90.5bAU$130.0bAU$3.5b24.7x26.2x0.7x
Mon, 11 Apr 2022AU$90.3bAU$128.7bAU$3.3b24.5x27.7x0.7x
Wed, 09 Mar 2022AU$83.1bAU$128.7bAU$3.3b23.5x25.5x0.6x
Fri, 04 Feb 2022AU$81.1bAU$126.1bAU$3.4b22.1x24.1x0.6x
Sun, 02 Jan 2022AU$88.2bAU$126.1bAU$3.4b23.8x26.2x0.7x
Tue, 30 Nov 2021AU$90.2bAU$126.0bAU$3.4b23.9x26.8x0.7x
Thu, 28 Oct 2021AU$88.2bAU$124.8bAU$3.2b27.6x27.3x0.7x
Sat, 25 Sep 2021AU$90.0bAU$124.8bAU$3.2b27.6x27.9x0.7x
Mon, 23 Aug 2021AU$96.3bAU$124.8bAU$3.2b28.6x29.8x0.8x
Sat, 10 Jul 2021AU$87.7bAU$124.8bAU$3.2b25.3x27.1x0.7x
Fri, 02 Apr 2021AU$78.0bAU$113.6bAU$2.6b29.6x30x0.7x
Mon, 04 Jan 2021AU$78.2bAU$121.7bAU$2.5b31.2x30.8x0.6x
Thu, 08 Oct 2020AU$72.2bAU$107.9bAU$2.0b29.6x36.4x0.7x
Wed, 01 Jul 2020AU$73.6bAU$107.5bAU$1.8b38x41.1x0.7x
Sat, 04 Apr 2020AU$68.0bAU$111.5bAU$2.2b28x31.1x0.6x
Tue, 07 Jan 2020AU$69.2bAU$115.1bAU$2.5b24x28.2x0.6x
Price to Earnings Ratio

32.1x


Total Market Cap: AU$76.1bTotal Earnings: AU$2.4bTotal Revenue: AU$115.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food and Staples Retail Industry Price to Earnings3Y Average 29.1x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Consumer Retailing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 22.7x which is lower than its 3-year average PE of 29.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 5.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Consumer Staples industry?

AU Market1.17%
Consumer Staples0.77%
Food and Staples Retail0.85%
Food Distributors2.23%
Food Retail0.74%
Drug Retail0%
Big Box Super Stores0%
Industry PE
  • Investors are most optimistic about the Food Retail industry even though it's trading below its 3-year average PE ratio of 34.9x.
    • Analysts are expecting annual earnings growth of 6.0%, which is higher than its past year's earnings growth of 4.3% per year.
  • Investors are most pessimistic about the Food Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.6x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 6.0% over the next 5 years.
  • This is better than its past earnings growth rate of 4.3% per year.
  • In contrast, the Food Distributors industry is expected to see its earnings decline by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WOW Woolworths GroupAU$35.081.2%
+AU$508.9m
-13.0%PE27.5x
COL Coles GroupAU$17.151.2%
+AU$280.0m
-4.8%PE21.8x
MTS MetcashAU$4.172.0%
+AU$77.4m
1.7%PE16.4x
GNC GrainCorpAU$8.282.9%
+AU$56.8m
24.5%PE4.9x
MBX My Foodie BoxAU$0.0696.2%
+AU$268.0k
n/aPS0.9x
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